Merchandise trade in Madagascar

Madagascar: Merchandise trade was 39.4% in 2025. ▲ Rising

Latest (2025)
39.4%
Change on year
down 6.4%
World rank
146th
of 204 countries
All-time high
59.2%
in 2022
All-time low
13.9%
in 1983
Years of data
66
1960–2025

Merchandise trade in Madagascar, 1960–2025

102030405060196019922025

Source: World Trade Organization (WTO). Measured in % of GDP.

Analysis

The most recent figure for merchandise trade in Madagascar is 39.4%, measured in 2025.

The figure is down 6.4% on the previous year and down 7.8% over ten years.

Over the whole period, merchandise trade in Madagascar peaked at 59.2% in 2022 and was at its lowest, 13.9%, in 1983.

Madagascar ranks 146th of 204 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 66 years of available data.

Merchandise trade in Madagascar, year by year

Annual values for Merchandise trade (% of GDP) in Madagascar, 1960 to 2025.
Year % of GDP Change
1960 27.8%
1961 25.9% -6.8%
1962 29.2% +12.9%
1963 27.7% -5.3%
1964 28.4% +2.7%
1965 27.6% -2.9%
1966 27.1% -1.8%
1967 26.0% -3.9%
1968 27.7% +6.5%
1969 27.7% +0.0%
1970 28.3% +2.1%
1971 30.1% +6.2%
1972 27.7% -8.1%
1973 24.6% -11.2%
1974 27.4% +11.5%
1975 29.2% +6.7%
1976 25.7% -12.1%
1977 29.0% +13.1%
1978 31.1% +7.2%
1979 29.9% -4.0%
1980 19.2% -35.6%
1981 18.1% -6.0%
1982 15.2% -16.2%
1983 13.9% -8.5%
1984 17.9% +29.2%
1985 17.8% -0.8%
1986 15.4% -13.6%
1987 19.7% +28.2%
1988 19.9% +0.9%
1989 20.7% +4.2%
1990 24.7% +19.1%
1991 24.0% -2.7%
1992 21.5% -10.5%
1993 20.9% -2.7%
1994 28.3% +35.3%
1995 29.6% +4.6%
1996 23.1% -22.0%
1997 28.4% +23.0%
1998 28.0% -1.5%
1999 31.0% +10.8%
2000 41.5% +33.9%
2001 37.6% -9.3%
2002 20.8% -44.7%
2003 33.9% +63.0%
2004 52.8% +55.6%
2005 43.7% -17.2%
2006 43.6% -0.2%
2007 45.4% +4.2%
2008 47.5% +4.5%
2009 44.2% -6.9%
2010 37.4% -15.4%
2011 38.9% +4.1%
2012 39.8% +2.3%
2013 41.7% +4.8%
2014 43.3% +3.8%
2015 42.8% -1.2%
2016 44.1% +3.0%
2017 49.5% +12.3%
2018 52.1% +5.4%
2019 47.1% -9.7%
2020 40.2% -14.6%
2021 49.7% +23.7%
2022 59.2% +19.0%
2023 49.7% -16.1%
2024 42.1% -15.1%
2025 39.4% -6.4%

Averages by decade

DecadeAverage LowestHighest Years
1960s 27.5% 25.9% 29.2% 10
1970s 28.3% 24.6% 31.1% 10
1980s 17.8% 13.9% 20.7% 10
1990s 25.9% 20.9% 31.0% 10
2000s 41.1% 20.8% 52.8% 10
2010s 43.7% 37.4% 52.1% 10
2020s 46.7% 39.4% 59.2% 6

Countries ranked near Madagascar

  1. 143 Türkiye 40.0% compare
  2. 144 Aruba 39.7% compare
  3. 145 Tonga 39.5% compare
  4. 147 Mali 39.3% compare
  5. 148 Dominica 39.1% compare
  6. 149 Angola 38.8% compare

See the full ranking of 251 places →

More private sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is merchandise trade in Madagascar?
Merchandise trade in Madagascar was 39.4% in 2025, according to World Trade Organization (WTO).
What is the highest merchandise trade recorded in Madagascar?
The highest recorded value was 59.2% in 2022.
What is the lowest merchandise trade recorded in Madagascar?
The lowest recorded value was 13.9% in 1983.
How does Madagascar rank for merchandise trade?
Madagascar ranks 146th out of 204 countries with data for 2025.
Is merchandise trade rising or falling in Madagascar?
Over the last ten years it is down 7.8%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from World Trade Organization (WTO), published as part of Merchandise trade (% of GDP). Statizoid updates them automatically from the source API.

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Merchandise trade in Madagascar. Statizoid, drawing on World Trade Organization (WTO). Retrieved 25 August 2026, from https://private-sector.statizoid.com/stat/merchandise-trade-percent-of-gdp/madagascar/

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About this data

Indicator
Merchandise trade (% of GDP)
Unit
% of GDP
Source
World Trade Organization (WTO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 14,091 data points, 1960–2025
Last refreshed

General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.